he Olympic City USA is far more than just a picture-perfect travel destination with stunning landscapes and outdoor activities. It's also a prime location for solar energy, offering homeowners numerous advantages for making the switch to renewable resources. Let's delve into what makes this city a sunshine hotspot and the excellent options for solar installers to help you take the green leap.
Harnessing Sun's Energy: A Colorado Springs Perspective
With its abundant sunlight, the second-most populous city in Colorado is practically designed for solar power. A basic rule of thumb says that for solar panels to be financially worthwhile, you should have at least four hours of direct sunlight per day. This city easily surpasses that threshold, boasting an impressive average of 5.6 peak sun hours per day.
So, what do you stand to gain by harnessing this natural resource? Firstly, let's talk about the environmental perks. Solar power is a clean, green energy source that can substantially reduce your household's carbon footprint. Moreover, for those with an eye on the bottom line, the economic benefits are equally compelling. The city's average electricity consumption hovers around a substantial 812 kWh per month. With solar panels generally becoming lucrative for homes consuming over 500 kWh, it's clear that a large portion of the local residents could enjoy substantial savings on their monthly utility bills by adopting solar energy.
Colorado Incentives for Going Solar
One of the roadblocks to solar adoption is the initial cost. Thankfully, the state of Colorado is well aware of this and offers several incentives to lighten that financial burden. The average cost of solar panels in the Olympic City USA, according to EnergySage, is about $3.4 per watt. For an average-sized six-kilowatt solar system, you're looking at an initial investment ranging from roughly $17,300 to $23,600. While this might make you balk, it's important to consider the incentives that can substantially cut these costs.
The big game-changer here is the Federal Investment Tax Credit. Should you choose to install your solar system before the close of 2032, you could benefit from a 30% tax credit on the entire system. That includes solar equipment, labor, and permitting, making it a fantastic way to bring down the total amount you'll need to invest.
But the perks don't stop there. The state's net metering policy allows you to sell any excess energy your solar panels generate back to the public utility power grid, receiving credits that can offset future energy bills.
More financial incentives come in the form of exemptions. Coloradans are exempted from paying sales tax when they invest in a solar system. You won't be paying additional property tax on that either, thanks to the state’s Property Tax Exemption.
For those who want to sweeten the deal further, keep an eye out for solar rebates offered by utility companies. A prominent one is the Colorado Springs Utilities Renewable Energy Rebate, offering residential homeowners a cashback incentive of up to $0.10 per watt installed on solar systems up to 15 kW.
Trusted Solar Companies Serving Colorado Springs
Amidst the multitude of solar companies in Colorado Springs, it's crucial to identify the ones that offer real value for your time and money. Let’s examine some of the standout companies in the local area that have been making waves within the solar energy sector, so you can make an informed decision.
SunPower is not just a solar veteran but an industry leader with almost four decades of experience under its belt. What sets it apart is its commitment to efficiency; their solar panels are among the most efficient on the market.
When it comes to warranties and financial options, SunPower offers a robust 25-year warranty covering a broad range of elements, including solar equipment, inverters, and even workmanship. They have a versatile financing landscape, ranging from cash purchases to solar loans and Power Purchase Agreements (PPAs). However, be prepared to dig a little deeper into your pockets as SunPower comes at a premium price and exclusively uses its in-house equipment, limiting your customization options.
Blue Raven Solar
Ever since becoming a part of the SunPower family in 2021, Blue Raven Solar has broadened its horizons, now offering high-efficiency Maxeon panels along with SunVault batteries for energy storage. One of Blue Raven’s standout features is their in-house financing model, which eradicates the hassle of dealing with third-party lenders. With their unique BluePower Plus+ program, they even offer 18 months of interest-free solar financing.
However, Blue Raven has its limitations, primarily when it comes to payment options. They do not offer leases and stick strictly to cash or solar loans. But given their stellar in-house financing options, this limitation seems rather trivial.
If you're keen on partnering with a regional installer, Photon Brothers might be your best bet. With over a decade of localized experience, the company offers an intimate understanding of the region's unique solar requirements. Not only are they up-to-date with all the local solar incentives, but they're also happy to guide you through the process of claiming those perks. Their installations are tailored to individual energy needs and can be as specific as critter guards for your rooftop panels. Photon Brothers offer all payment options and provide access to $0-down, low-interest solar loans through third parties, making solar energy more accessible to everyone.
Freedom Solar Power
If you're searching for a company that excels in customer service, Freedom Solar Power is where your search might just end. Not only are they responsive when it comes to warranty claims, but they also provide a diverse product lineup, ranging from rooftop installations to ground-mounted panels and even solar carports.
Freedom Solar Power makes long-term relationships with its customers, offering lifetime monitoring and services post-installation. They also guarantee at least 90% power output from your panels for 25 years. However, they don't entertain solar leases or PPAs and tend to be on the higher end of the price spectrum.
Known for its comprehensive service range, ADT Solar expands beyond solar installations to offer roof repairs too. They work with top-notch brands like Q Cells and Canadian Solar to deliver quality every time. To top it off, their 24/7 professional solar monitoring ensures your system operates smoothly around the clock. Their warranties are comprehensive, spanning 25 years for equipment, inverters, and workmanship. However, it's worth noting that their financing options are somewhat limited.
Choose Your Perfect Solar Company: Quick Tips
When it comes to choosing the perfect solar company for your needs, the temptation to go for the lowest bidder is real. However, as the old adage goes, you get what you pay for. Rather than simply opting for the cheapest option, take into account factors like reputation, warranty terms, and customer reviews. A good solar company should not only offer competitive pricing but should also provide a comprehensive service package that includes solar installation, monitoring, and post-installation support. Check if they are certified by relevant industry bodies and whether they have a track record of successful installations. The best value is not just in the price but in the quality of the service you'll receive for years to come.